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Four Stocks That Fell Yesterday: Breitburn Energy Partners (BBEP), Linn Co, (LNCO), Arch Coal (ACI), JA Solar Holdings (JASO)

March 31, 2015 12:26 pm by: Category: Business & Finance Leave a comment A+ / A-

On Monday, Following Stocks were among the “Top 100 Losers” of U.S. Stock Market: Breitburn Energy Partners L.P. (NASDAQ:BBEP), Linn Co, LLC (NASDAQ:LNCO), Arch Coal Inc. (NYSE:ACI), JA Solar Holdings Co., Ltd. (NASDAQ:JASO)

Breitburn Energy Partners L.P. (NASDAQ:BBEP), with shares declined -5.93%, closed at $5.55.

Linn Co, LLC (NASDAQ:LNCO), with shares dropped -1.93%, settled at $9.65.

Arch Coal Inc. (NYSE:ACI), with shares dipped -5.81%, and closed at $0.980.

JA Solar Holdings Co., Ltd. (NASDAQ:JASO), plummeted -1.93%, and closed at $9.67.

Latest NEWS regarding these Stocks are depicted underneath:

Breitburn Energy Partners L.P. (NASDAQ:BBEP)

Breitburn Energy Partners L.P. (BBEP), and EIG Global Energy Partners declared definitive contracts whereby Breitburn will sell $350 million of perpetual convertible preferred units and $650 million of senior secured notes in simultaneous private offerings to investment funds managed by EIG, and other purchasers. These offerings are predictable to close on April 8, 2015, subject to the approval of an amendment to Breitburn’s senior credit facility and satisfaction of other customary closing conditions.

“We are excited to partner with a administration team for whom we have great respect,” said R. Blair Thomas, Chief Executive Officer of EIG. “We will work with Breitburn with the aim of creating noteworthy value and distribution growth for unitholders given the substantial liquidity our investment will provide and the growth opportunities accessible in the current market environment.”

BreitBurn Energy Partners LP, an independent oil and gas partnership, attains, exploits, and develops oil, natural gas liquids (NGLs), and natural gas properties in the United States. The corporation’s oil, NGL, and natural gas reserves are primarily located seven producing areas comprising the Arkansas, Louisiana, and East Texas; Michigan, Indiana, and Kentucky; Permian Basin in Texas and New Mexico; Mid-Continent covering Oklahoma, Kansas, and the Texas Panhandle; Rockies in Wyoming; Florida and Alabama; and California.

Linn Co, LLC (NASDAQ:LNCO)

Formerly on March 16, Linn Co, LLC (LNCO), and LINN Energy, LLC (LINE) declared the final determination of the federal revenue tax characteristics of its 2014 cash distributions to holders of its ordinary shares. The corporation is releasing information at this time to aid banks, brokerage firms, and institutional investors that are required to issue Form 1099s to their account holders.

LinnCo, LLC, through its limited liability corporation interests in Linn Energy, LLC, focuses on the attainment and development of oil and natural gas properties in the United States. The corporation was founded in 2012 and is headquartered in Houston, Texas.

Arch Coal Inc. (NYSE:ACI)

Arch Coal Inc. (ACI), Foundation named 12 outstanding West Virginia classroom teachers recently as recipients of the prestigious Arch Coal Teacher Achievement Award. It is West Virginia’s longest-running, privately sponsored teacher recognition program, now in its 27th year.

The declaration was made by John W. Eaves, Arch Coal’s president and chief executive officer. He was accompanied by Gov. Earl Ray Tomblin and West Virginia Education Association (WVEA) President Dale Lee. The recipients were honored recently at a ceremony at the Clay Center in Charleston.

The public nominates teachers for the annual award, and a blue-ribbon panel of past award recipients selects the top 12. In addition to recognition, each teacher is presented with a $3,500 unrestricted cash award, a distinctive trophy and a classroom plaque.

The West Virginia Foundation for the Improvement of Education, a foundation of WVEA, also makes a $1,000 cash award to each teacher’s school for use with at-risk students. The WVEA Foundation is funded by WVEA members. It was created in 1993 and to date has awarded nearly $250,000 to schools to assist in the education of at-risk students.

Arch Coal, Inc. produces and sells thermal and metallurgical coal from surface and underground mines located in the United States. As of December 31, 2014, it operated or contracted out the operation of 16 mines; and owned or controlled about 5.1 billion tons of proven and probable recoverable reserves.

JA Solar Holdings Co., Ltd. (NASDAQ:JASO)

JA Solar Holdings Co., Ltd. (JASO), declared that its salt mist resistance PV modules passed the Double Standard IEC 61701 Salt Mist Corrosion Test (Severity Level 6) conducted by T U V Nord. JA Solar PV modules is the first in the industry to pass the test and JA will highlight this improved reliability at forthcoming trade shows, such as Intersolar Beijing and the SNEC PV Power Expo in Shanghai .

Solar modules located in coastal areas are at greater risk of performance degradation and shorter lifespan due to the effect of salt mist, which can obscure glass and corrode components such as frames and junction boxes. JA Solar’s line of modules is ruggedized to withstand harsh coastal weather and minimize power loss. In the T U V Nord testing, JA modules demonstrated power loss of less than 2%.

JA Solar Holdings Co., Ltd., through its auxiliaries, is engaged in the design, development, production, marketing, and sale of photovoltaic solar cells and solar power products based on crystalline silicon technologies.

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Four Stocks That Fell Yesterday: Breitburn Energy Partners (BBEP), Linn Co, (LNCO), Arch Coal (ACI), JA Solar Holdings (JASO) Reviewed by on . On Monday, Following Stocks were among the "Top 100 Losers" of U.S. Stock Market: Breitburn Energy Partners L.P. (NASDAQ:BBEP), Linn Co, LLC (NASDAQ:LNCO), Arch On Monday, Following Stocks were among the "Top 100 Losers" of U.S. Stock Market: Breitburn Energy Partners L.P. (NASDAQ:BBEP), Linn Co, LLC (NASDAQ:LNCO), Arch Rating: 0

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